This photo taken with a drone shows the continuing cleanup of portions of a Norfolk Southern freight train that derailed Friday night in East Palestine, Ohio, Thursday, Feb. 9, 2023. Gene J. Puskar | ...
Tag: Railroad
Union Pacific Stock ‘Potential To Double’ After CEO Ousted; Railroad Stocks Steady After Ohio Disaster
Union Pacific (UNP) on Sunday announced a management shake-up on Sunday, after a hedge fund owner demanded leadership changes. The move comes as railroad stocks have kept losses to a minimum in Februa...
All Aboard These Three Railroad Stocks?
. Rail transport companies are in the crosshairs of the media due to recent events involving derailments. In the past few months, rail workers’ rights have been a hot-button debate, with workers threa...
Smarter Railroad Tracks Are Boosting Train Safety And Efficiency
Improved digital circuits installed in rail tracks allow operators to more closely monitor the condition of trains, their wheels and tell when tracks may be warped by intense heat. Alstom Think “advan...
Senate Votes To Avert Rail Strike—But Denies Railroad Workers’ Request For 7 Paid Sick Days
Topline The Senate approved a new contract between railroad companies and labor unions on Thursday in a last-minute vote, ahead of a December 9 deadline that could trigger a nationwide railroad strike...
Biden Urges Congress To Pass Bill To Avert Railroad Strike
Topline President Joe Biden pressed Congress Monday to implement a labor deal between the largest U.S. rail operators and a group of large unions, as a months-long impasse between the two sides threat...
The Circuitous Path Of The Railroad Unions’ Negotiations
Earlier this summer the U.S. economy narrowly averted a strike in the freight railroad industry. However, despite reaching a contract settlement with the assistance of the White House, it appears that...
What really happened with the giant railroad strike that wasn’t—and how Warren Buffett was involved
After all-night negotiations that kept Americans on the edge of their seats, railroad employees have decided to forgo a planned strike early Thursday morning after companies and unions finally reached...
Warren Buffett Has News Likely to Please Shareholders
Berkshire Hathaway’s 2021 vintage is like a good bottle whose consumption will undoubtedly delight fans and admirers of Warren Buffett, chairman and CEO of the company he runs with his right-han...
Union Pacific is best railroad stock to own in this market
CNBC’s Jim Cramer said Tuesday he prefers Union Pacific over industry peer CSX, suggesting investors who want to own a railroad stock go with the Nebraska-based operator. “Don’t let ...
At-Home Covid Test Deliveries Delayed By L.A. Train Robberies
Thefts reminiscent of Butch Cassidy and the Sundance Kid are worsening supply-chain woes. Packages boosted from a Union Pacific train and then abandoned are pictured here in Los Angeles on January 14....